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50 Dollars - Elizabeth II 3rd Portrait - Kangaroo - Gold Bullion Coin
| Issuer | Royal Australian Mint |
|---|---|
| Year | 1995-1996 |
| Type | Non-circulating coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Edge | Reeded |
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| Additional information |
Australia's gold bullion program shifted to .9999 fineness in 1986, making it among the purest sovereign-issued gold coin series in the world at the time of launch — fractionally purer than the Krugerrand's .9167 and the Maple Leaf's then-standard .999. The kangaroo design changes annually, which was a deliberate policy decision intended to discourage melting and encourage collector retention alongside bullion demand.
The KM#275.1 and 275.2 distinction reflects a die or issuing variation between the 1995 and 1996 dated pieces within this half-ounce denomination.